eTheRNA

Niel, Belgium Founded: 2013 • Age: 13 yrs
mRNA-based immunotherapies for cancer and infectious diseases are developed.

About eTheRNA

eTheRNA is a company based in Niel (Belgium) founded in 2013 by Kris Thielemans.. eTheRNA has raised $103.94 million across 8 funding rounds from investors including BNP Paribas Fortis, EQT and PMV. eTheRNA offers products and services including LNP Formulation Platform and mRNA Chemistry Platform. eTheRNA operates in a competitive market with competitors including Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others.

  • Headquarter Niel, Belgium
  • Founders Kris Thielemans
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Etherna Immunotherapies
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
    $1.57 M (USD)
    430
    as on Dec 31, 2019
  • Net Profit
    $-10.34 M (USD)
    18
    as on Dec 31, 2019
  • EBITDA
  • Total Equity Funding
    $103.94 M (USD)

    in 8 rounds

  • Latest Funding Round
    $38.95 M (USD), Series B

    Aug 23, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of eTheRNA

eTheRNA offers a comprehensive portfolio of products and services, including LNP Formulation Platform and mRNA Chemistry Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides tailored LNP formulations for targeted RNA delivery.

Enables sequence engineering for optimal mRNA stability and efficiency.

People of eTheRNA
Headcount 10-50
Employee Profiles 10
Board Members and Advisors 5
Employee Profiles
People
Bernard Sagaert
Chief Executive Officer
People
Dirk Van Broekhoven
VP, Corporate Management, General Counsel
People
Stefaan De Koker
VP, Discovery
People
Phil Challis
VP, Product Development

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Board Members and Advisors
people
Marijn Dekkers
Director
people
Kenneth Chien
Director

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Funding Insights of eTheRNA

eTheRNA has successfully raised a total of $103.94M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $38.95 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Series B — $38.9M
  • First Round

    (14 Mar 2016)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2022 Amount Series B - eTheRNA Valuation Kenneth Chien , Novalis LifeSciences
EQT , PMV
Mar, 2021 Amount Grant - eTheRNA Valuation

investors

Feb, 2021 Amount Grant - eTheRNA Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in eTheRNA

eTheRNA has secured backing from 14 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BNP Paribas Fortis, EQT and PMV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Healthcare investments are targeted by Boehringer Ingelheim Venture Fund.
Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by eTheRNA

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - eTheRNA

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Etherna Comparisons

Employees
+
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Competitors of eTheRNA

eTheRNA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moderna, Jazz Pharmaceuticals, BeiGene, Advanced Accelerator Applications and Incyte, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
mRNA-based therapeutics for diseases including cancer and infections are developed.
domain founded_year HQ Location
Novel biopharmaceutical medicines are developed for unmet medical needs.
domain founded_year HQ Location
Targeted and immune-oncology drugs for cancer treatment are developed.
domain founded_year HQ Location
Radiopharmaceuticals for oncology diagnostics and therapies are developed and marketed.
domain founded_year HQ Location
Small molecules are developed for cancer and skin disease treatments.
domain founded_year HQ Location
Cancer therapies are developed using selective pathway inhibitors.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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Frequently Asked Questions about eTheRNA

When was eTheRNA founded?

eTheRNA was founded in 2013 and raised its 1st funding round 3 years after it was founded.

Where is eTheRNA located?

eTheRNA is headquartered in Niel, Belgium. It is registered at Niel, Antwerp, Belgium.

Is eTheRNA a funded company?

eTheRNA is a funded company, having raised a total of $103.94M across 8 funding rounds to date. The company's 1st funding round was a Grant of $6.16M, raised on Mar 14, 2016.

What is the annual revenue of eTheRNA?

Annual revenue of eTheRNA is $1.57M as on Dec 31, 2019.

What does eTheRNA do?

eTheRNA was founded in 2013 and is based in Niel, Belgium, where mRNA-based immunotherapies for cancer and infectious diseases are developed. Proprietary TriMix technology is employed, featuring three mRNA moleculescaTLR4, CD40L, and CD70that enhance immune responses via the dendritic cell pathway. Focus is placed on applications for melanoma and breast cancer within the biotechnology sector.

Who are the top competitors of eTheRNA?

eTheRNA's top competitors include Moderna, Jazz Pharmaceuticals and Advanced Accelerator Applications.

What products or services does eTheRNA offer?

eTheRNA offers LNP Formulation Platform and mRNA Chemistry Platform.

Who are eTheRNA's investors?

eTheRNA has 14 investors. Key investors include BNP Paribas Fortis, EQT, PMV, European Union, and Life Sciences Partners.

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